Step 1

In a medium-sized bowl, whisk together the sweetened condensed milk with the water and milk.

Step 2

Stir in the instant vanilla pudding and blend well.

Step 3

Line the bottom of an 8x8 casserole dish with one layer of vanilla wafers.

Step 4

Thinly slice your bananas and add a layer of bananas over the wafers.

Step 5

Give your pudding a quick stir and pour a layer of pudding over the bananas.

Step 6

Repeat the layers using wafers, bananas, and pudding until you have filled your dish, making the top layer a layer of vanilla wafers.

Step 7

Cover the dish with plastic wrap and refrigerate overnight to allow the vanilla wafers to soften.

Step 8

Top with Cool Whip before serving and garnish with extra banana slices or wafers.